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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Satyr who wrote (22856)	3/21/1998 2:06:00 PM
From: van wang	Respond to of 97611

I learned an important lesson early in investing...once, I held to staying long on a stock that I like for the long term... but I have since learned that you buy a stock based on both fundamental and technical reasons and regardless of the fundamentals, you sell when the technicals fail and buy back when the technicals support (and obviously also fundamentals support) a reentry...it is an important lesson which I consistently remind myself

To: Satyr who wrote (22856)	3/21/1998 2:15:00 PM
From: Rick	Respond to of 97611

What lies ahead? Now I only own a few shares (300) of CPQ. CPQ had the following splits since 1990 during times of volatility: 1. 7/9/90 2:1 2. 6/8/94 3:1 3. 7/29/97 5:2 4. 1/21/98 2:1 Now, if I had one share on 7/9/90 and did not sell it, I would now have 30 shares. Say I keep my 300 shares today even though I bought in mid-30's. What if CPQ stock in the next eight years only splits half as much, say instead of 30 times it is only 15 times. So maybe in eight years my 300 shares will be 4500 shares. Every time CPQ rises one point, I make $4500. Does anyone think that CPQ will never rise again and never have a stock split? I'm holding my 300 shares as a core holding and I'll bet you in a few years I'll have at least 1200 shares without adding a nickel to the investment. Rick